. liz: breaking news. it involves a stock you may own in your portfolio. ibm, the ceo, virginia rometti has been named by ibm board of directors to chairman of the board. her appointment would be effective october 1st of 2012. the current chairman, sam palmisano who ran the company for many years very successfully. he will be a senior advisor to the company until he official officially retires on 2012. palmisano retiring january 1st of the year. rometty becoming chairman of the board. she has been at ibm since 1991. she joined after being a general motors institute engineering student. northwestern, first woman ever to run ibm. so, a real trailblazer there for virginia rometty. >>> typically, let's get to this story, investors look to price to earnings, p-e ratio or price to book value when picking things like stocks but we have one money manager who invested in small cap stocks based on a different strategy and his fund has really done well, gaining 19.4% annually over past three years, not just one year. the t. rowe price director of quantitative equity research joining me right now.